Monday, December 5, 2016

More jobs go buy-bye; retail grocery goes high-tech

"The idea is that Amazon's machine-learning technology can automatically
identify when a product is added to your cart, so you don't have to do
it yourself. When you leave the store, Amazon automatically charges your
Amazon account."

We keep making jobs obsolete but still haven't planned what to do with employment. Universal Basic Income would go a long way toward fixing that.

When I was a kid the coming robots would make for more leisure time for all workers, while their salary supposedly stayed the same. Instead, corporations just pocket the savings and fire the workers. That is not a long-term solution for anything, including corporate profits, which require someone with an income to buy their products or services.